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LATEST NEWS

Tourism sector contributes 12% to UAE economy

27/04/2017
Tourism sector’s contribution to the UAE’s gross domestic product (GDP) reached 12 per cent in 2016, a senior UAE government official said at the Arabian Travel Market (ATM).

Emaar announces 6 hotels in addition to 20 unveiled earlier

27/04/2017
Emaar Hospitality Group, the hospitality and hotel management arm of Emaar Properties, said it will operate six new hotels in addition to the 20 already in its pipeline taking the total hotels to 26.

Dubai Properties launches Arabella

24/04/2017
Dubai Properties (DP), a leading Dubai government-owned real estate master developer and asset manager, launched sales of the third edition of the Arabella Townhouses (Arabella 3) – in response to high customer demand.

Airolink targets Dh5 billion order book in 2017

24/04/2017
Airolink, a boutique design and build contracting company with footprints in UAE, Ireland and India, is all set to raise its construction order book more than threefold from the current Dh1.6 billion to Dh5 billion by the end of this year, a top official said.

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Nakheel reports Q1 2017 net profit of Dh1.48 billion
Dubai property developer Nakheel reported a net profit of Dh1.48 billion for the first quarter of 2017 – a time when it handed over 412 land and built form units to customers, with its retail, hospitality and residential leasing businesses continuing to perform solidly. Read More...
Hydra Village is 70% ready
Hydra Properties has announced the progress of two of its developments, Hydra Avenue and Hydra Village, at the Cityscape Abu Dhabi property exhibition. Read More...
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